iShares MSCI USA Quality Factor ETF (BATS:QUAL) Shares Purchased by Merit Financial Group LLC

Merit Financial Group LLC raised its position in iShares MSCI USA Quality Factor ETF (BATS:QUAL) by 3.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 164,047 shares of the company’s stock after buying an additional 5,474 shares during the quarter. iShares MSCI USA Quality Factor ETF comprises about 0.7% of Merit Financial Group LLC’s holdings, making the stock its 24th largest position. Merit Financial Group LLC’s holdings in iShares MSCI USA Quality Factor ETF were worth $24,138,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of QUAL. FMR LLC raised its stake in shares of iShares MSCI USA Quality Factor ETF by 6.7% during the 3rd quarter. FMR LLC now owns 14,616,008 shares of the company’s stock worth $1,926,244,000 after buying an additional 923,875 shares in the last quarter. M&T Bank Corp raised its position in iShares MSCI USA Quality Factor ETF by 3.6% in the third quarter. M&T Bank Corp now owns 3,606,215 shares of the company’s stock worth $475,285,000 after acquiring an additional 124,951 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in iShares MSCI USA Quality Factor ETF by 12.1% in the third quarter. Ameriprise Financial Inc. now owns 3,226,172 shares of the company’s stock valued at $425,287,000 after acquiring an additional 349,044 shares during the period. Envestnet Portfolio Solutions Inc. acquired a new stake in iShares MSCI USA Quality Factor ETF in the third quarter valued at $337,131,000. Finally, Cerity Partners LLC boosted its position in shares of iShares MSCI USA Quality Factor ETF by 2.1% during the 4th quarter. Cerity Partners LLC now owns 2,380,111 shares of the company’s stock worth $350,308,000 after purchasing an additional 49,521 shares in the last quarter.

iShares MSCI USA Quality Factor ETF Trading Up 1.2 %

Shares of QUAL traded up $1.82 during trading hours on Friday, reaching $159.19. The company had a trading volume of 1,411,097 shares. iShares MSCI USA Quality Factor ETF has a 12-month low of $71.96 and a 12-month high of $88.63. The firm has a 50 day simple moving average of $160.94 and a 200-day simple moving average of $150.47. The company has a market capitalization of $42.01 billion, a price-to-earnings ratio of 23.03 and a beta of 1.03.

iShares MSCI USA Quality Factor ETF Company Profile

The iShares MSCI USA Quality Factor ETF (QUAL) is an exchange-traded fund that is based on the MSCI USA Sector Neutral Quality index. The fund tracks an index of US large- and mid-cap stocks, selected and weighted by high ROE, stable earnings growth and low debt\u002Fequity, relative to peers in each sector.